Kheria Autocomp made its successful stock market debut today on the NSE SME platform, listing at ₹104.90 per share with a 3.86% premium to its issue price of ₹101. The stock opened at ₹104.30, trading 3.27% above its IPO price, before settling at ₹104.30 with a 0.57% decline from its listing price. The auto ancillary company demonstrated strong market response with 9.60 lakh shares changing hands on the first trading day. The stock hit an intraday high of ₹106.50 and a low of ₹101.10, reflecting healthy investor interest in the auto components manufacturer.
The subscription patterns revealed stark differences between the two companies. SpectraA Technology Solutions received an exceptionally strong response with 212.98 times subscription, while Kheria Autocomp saw more modest demand at 2.48 times subscription. As reported by The Economic Times, the retail portion of Kheria Autocomp received stronger demand than the institutional segment, indicating retail investor confidence in the auto components manufacturer. The company's IPO was structured with a price band of ₹96-₹101 per share and a market lot of 2,400 shares, requiring retail investors applying for the minimum two lots to invest ₹4,80,000.
Kheria Autocomp reported strong financial performance for the financial year ended March 31, 2026, with revenue from operations of ₹120.01 crore and net profit of ₹11.42 crore. The company's IPO comprised a fresh issue of 32.88 lakh equity shares and was subscribed 2.37 times during the bidding period from September 17 to September 21, 2026. The company plans to utilize proceeds to partly fund capital expenditure for setting up a new manufacturing facility for plastic moulded auto components at GIDC Sanand Industrial Park and for general corporate purposes. The company had allotted 13.10 lakh equity shares to eight anchor investors at ₹101 per share.
Kheria Autocomp, established in 2009, operates as a Tier-II supplier engaged in plastic injection moulding and manufacturing plastic injection moulding sub-assemblies primarily for the automotive sector. The company produces moulded plastic components according to specifications provided by Tier-I vendors, with its product portfolio including interior cabin trims, exterior plastic parts, under-hood components, and heating, ventilation and air-conditioning (HVAC) ducts for both internal combustion engine and electric vehicles. As of June 30, 2026, the company employed 119 permanent employees. The company's IPO was managed by SMC Capitals Ltd. as the book-running lead manager, KFin Technologies Ltd. as the registrar, and SMC Global Securities Ltd. as the market maker.
